ACM to cut 35 editorial positions amid revenue decline
By Staff writer in Media News on Thursday, 05th September 2024 at 5:02pm
Australian Community Media (ACM) has announced plans to reduce its workforce by cutting 35 editorial positions across its newsrooms, according to Crikey’s Daany Saeed.
In a statement released by the ACM National House Committee, it was revealed that during a town hall meeting with staff, the management shared the news, citing declining revenue as the primary reason.
In an email to staff, ACM Managing Director Tony Kendall confirmed the cuts, attributing them to the “loss of federal government advertising revenue, the loss of payments from Meta,” and “reduced revenue from display and classifieds advertising, as well as print circulation.”
A voluntary redundancy consultation period is open until September 11, with final decisions to be communicated by September 13. The last ...
To continue reading this article...
More Media News
Equality fund invites applications for 2026 journalism fellowship
By Staff writer in Media News on Friday, 25th September 2026 at 6:56pm
Communications veteran Bhaskar Majumdar passes away
By Staff Writer in Media News on Friday, 25th September 2026 at 4:53pm
TODAY’S TEN: Sleeper-bus safety lapses exposed after 9 deaths, LPG customer base falls by 62 lakh
By Staff Writer in Media News on Friday, 25th September 2026 at 2:51pm
AI can refine information, but cannot replace ground reporting, says Raina Assainar
By Suganthi Marimuthu in Media News on Friday, 25th September 2026 at 1:46pm
Two-year investigation earns Dipti Raut top rural reporting award from The Statesman
By Meena R. Prashant in Media News on Friday, 25th September 2026 at 2:02pm
NDTV YUVA 2026 To Bring Young India’s Voices And Ideas To Mumbai On September 28
By Staff writer in Media News on Friday, 25th September 2026 at 1:35pm
Journalist-Minister exchange raises hopes for better public transport in Jharkhand
By Staff writer in Media News on Friday, 25th September 2026 at 1:21pm
Media news latest